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Daily Archives: June 5, 2008

Senate Intelligence Committee Unveils Final Phase II Reports on Prewar Iraq Intelligence

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News release: “The Chairman of the Senate Select Committee on Intelligence, John D. (Jay) Rockefeller IV, and a bipartisan majority of the Committee (10-5), today unveiled the final two sections of its Phase II report on prewar intelligence. The first report details Administration prewar statements that, on numerous occasions, misrepresented the intelligence and the threat from Iraq. The second report details inappropriate, sensitive intelligence activities conducted by the DoD’s Office of the Undersecretary of Defense for Policy, without the knowledge of the Intelligence Community or the State Department.”

New GAO Reports: FY07 Government Financial Statements, IRAs, Oil and Gas Royalties

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Fiscal Year 2007 U.S. Government Financial Statements: Sustained Improvement in Financial Management Is Crucial to Improving Accountability and Addressing the Long-Term Fiscal Challenges, GAO-08-847T, June 5, 2008 Individual Retirement Accounts: Government Actions Could Encourage More Employers to Offer IRAs to Employees, GAO-08-590, June 4, 2008 Oil and Gas Royalties: Litigation over Royalty Relief Could Cost… Continue Reading

CBO: Increasing Transparency in the Pricing of Health Care Services and Pharmaceuticals

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Increasing Transparency in the Pricing of Health Care Services and Pharmaceuticals, June 5, 2008. Economic and Budget Issue Brief. “The rising cost of health care represents the nation’s single most important long-term fiscal challenge. This brief explores whether increased transparency about prices for specific health care services and pharmaceuticals would help to temper the rapid… Continue Reading

CBO: Monthly Budget Review

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Monthly Budget Review, June 2008. Based on the Monthly Treasury Statement for April and the Daily Treasury Statements for May 2008. “The federal government incurred a deficit of about $317 billion during the first eight months of fiscal year 2008, CBO estimates, $168 billion more than the shortfall recorded through May of last year. About… Continue Reading